For every nine weeks you delay your pension goes up by about 1%, but for some it could end up costing them more
UK state pensions: are older retirees getting a bad deal?
You can boost your weekly state pension by delaying when you start to draw it. For some people this will represent a very good deal – but it all depends on how long you live for once you start receiving it.
We each have a date from which we can claim our state pension. Once we do, we can receive a weekly sum based on our national insurance contributions and the level of the state pension at the time.